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Oct 2, 2012
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we're glad you have joined us. >> there is a saying that dr. king had that said there is always the right time to do the right thing. i try to live my life every day by doing the right thing. we know that we are only halfway to completely eliminating hunger and we have work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: sheila bair is the former chair of the fdic. her efforts to take on wall street excess and stand up for average americans is the subject of the new text "bull by the horns." good to have you on this program. >> thank you for having me. tavis: let me start with the news of this week. everybody knows in 48 hours, for the first time, mitt romney and mr. obama will come face to face in a debate. if you were jim wednesday night, where these issues are concerned, at the economy, how we avoid what has happened already, how we avoid falling into another recession, around those issues, wha
we're glad you have joined us. >> there is a saying that dr. king had that said there is always the right time to do the right thing. i try to live my life every day by doing the right thing. we know that we are only halfway to completely eliminating hunger and we have work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: sheila bair is...
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Oct 17, 2012
10/12
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s" washington bureau chief darren gersh joins us. so, darren, romney floated a new idea last night, capping tax deductions at $25,000 while cutting tack rate for all wage earners. doesn't add to the deficit according to the governor. does it add up, though? >> tom you'll be shocked, shocked to hear that right now it doesn't. we don't have enough details. here's what we know. so the governor has proposed about $5 trillion in tax cuts. that 25,000 cap he talked about on itemized deductions, according to the tax policy center, would raise about $1.3 trillion. so you have a hole of 3.7 trillion, and we don't know how governor romney would fill that. >> tom: we also haven't heard much on housing from either candidate except for the reference to mortgage tax deductions. housing has been absent from the two debates so far. >> that's kind a surprise especially considering that the swing state of florida, which you're in, housing is critical, right, a lot of people are under water on their mortgages. but i think one reason for that is that so
s" washington bureau chief darren gersh joins us. so, darren, romney floated a new idea last night, capping tax deductions at $25,000 while cutting tack rate for all wage earners. doesn't add to the deficit according to the governor. does it add up, though? >> tom you'll be shocked, shocked to hear that right now it doesn't. we don't have enough details. here's what we know. so the governor has proposed about $5 trillion in tax cuts. that 25,000 cap he talked about on itemized...
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Oct 6, 2012
10/12
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gwen: this guy turned us down, so the rest of us are going to have to talk about the big debate and today's big job numbers, tonight on "washington week." >> the president has a view very similar to the view he had when he ran four years ago, that a bigger government, spending more, taxing more, regulating more, if you, will trickle-down government would work. >> governor romney has a perspective that says if he cut taxes skewed towards the wealthy and roll back regulations we'll be better off. gwen: 90 minutes later, even democrats gave the debate win to roll any. but after the dust settled, what was true and what wasn't? >> it is not possible to come up with enough loopholes and deductions to only affect high-income individuals to avoid either raising the deficit or burdening the middle class. it's math. >> i'm not in favor of a $5 trillion tax cut. my plan is not to put in place any tax cut that will add to the deficit. gwen: and will today's improved jobs numbers change the political landscape again? debating, peter baker of "the new york times," dan balz of the "washington post." jeann
gwen: this guy turned us down, so the rest of us are going to have to talk about the big debate and today's big job numbers, tonight on "washington week." >> the president has a view very similar to the view he had when he ran four years ago, that a bigger government, spending more, taxing more, regulating more, if you, will trickle-down government would work. >> governor romney has a perspective that says if he cut taxes skewed towards the wealthy and roll back...
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Oct 21, 2012
10/12
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whether you agreert think to the contrary, please join us next time.
whether you agreert think to the contrary, please join us next time.
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Oct 7, 2012
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join us at pbs.org. as we leave you, scenes from this year's gathering at the western wall in jerusalem to celebrate the harvest festival of sukkot. i
join us at pbs.org. as we leave you, scenes from this year's gathering at the western wall in jerusalem to celebrate the harvest festival of sukkot. i
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Oct 13, 2012
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. >> folks, use your common sense. will you do you trust on this? a man who introduced a bill that will raise 8 $6,400 a year, knowing it and passing it and romney saying he will sign it, or me and the president? >> did joe biden stop the wave?omney >> you are going to win? >> yes fauquier >> also, the ghazi. over ben doe >> and affirmative action returns to the supreme court. >> i hope the court rules that a student's race and ethnicity should not be considered when applying to the university of texas. >> an instant cnn poll gave the vice eventual debate to all rain. and instead cbs poll gave the debate to paujoe biden. >> falling exchange on medicare and social security. >> medicare and social zuccotti did so much for my own family. we will not jeopardize this program, but we have to save it. >> you are changing the program from a guaranteed benefit. the bottom line is that people have to pay more money out of their pocket. >> prior to the the vice- presidential debate, the question, should obama supporters start freaking out to? [laughter] did th
. >> folks, use your common sense. will you do you trust on this? a man who introduced a bill that will raise 8 $6,400 a year, knowing it and passing it and romney saying he will sign it, or me and the president? >> did joe biden stop the wave?omney >> you are going to win? >> yes fauquier >> also, the ghazi. over ben doe >> and affirmative action returns to the supreme court. >> i hope the court rules that a student's race and ethnicity should not be...
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Oct 20, 2012
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i went to a number of women's groups and said, can you help us find folks, and they brought us whole binders full of women. >> that one went viral almost immediately. what was it that set wittman off? >> the binders full of women. that did not really bother me. what bothered me was finding out the next day that the romney people did not approach the women's groups and asked for suggestions. rather, the women's groups approach romney and said that you don't have women, you don't have women anywhere, you need to get women. >> a number of polls indicate that president obama's lead with white women is shrinking, and i'm talking about not women who only vote republican, but college-educated women who are generally liberal on social issues moving towards romney. >> i talked to a smart republican over the weekend who says that all of this is about who you want to be married to. in the very first debate, obama was so peevish that he would not want to be married to that guy. and romney was kind of moderate and reasonable and might actually listen to you. that is what turned around the polls.
i went to a number of women's groups and said, can you help us find folks, and they brought us whole binders full of women. >> that one went viral almost immediately. what was it that set wittman off? >> the binders full of women. that did not really bother me. what bothered me was finding out the next day that the romney people did not approach the women's groups and asked for suggestions. rather, the women's groups approach romney and said that you don't have women, you don't have...
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Oct 25, 2012
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we are glad you have joined us. a conversation with peter nicks coming up right now. >> there is a saying that dr. king had that said there is always the right time to do the right thing. i just try to live my life every day by doing the right thing. we know that we are only halfway to completely eliminate hunger, and we have a lot of work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your pbs station from viewers like you. thank you. tavis: the issue of health care has been a constant conversation in this country over the past few years, amplified during this campaign season. behind the politics of health care is the reality of what many americans face, especially in inner cities. peter nicks decided to chronicle a day in a life of an open emergency room. the film is called "the waiting room" and is being called one of the best documentary projects of the year. it is playing in select cities across the country. here are so
we are glad you have joined us. a conversation with peter nicks coming up right now. >> there is a saying that dr. king had that said there is always the right time to do the right thing. i just try to live my life every day by doing the right thing. we know that we are only halfway to completely eliminate hunger, and we have a lot of work to do. walmart committed $2 billion to fighting hunger in the u.s. as we work together, we can stamp hunger out. >> and by contributions to your...
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Oct 19, 2012
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a long-time friend used to work in a hospital-based weight-loss program. she would suggest that people make simple changes in their lives before radically altering their eating habits. she'd ask them to rearrange their furniture at home or sleep on the opposite side of the bed first. it was hard for them. so, is there some salt on your table that needs to be removed? an old habit set aside? it won't be easy. a spanish proverb says, habits are at first cobwebs, then cables. i'm lou heckler. >> tom: if you were an investor 25 years ago, today is a day you have not forgotten. october 19, 1987, black monday. the single worst day for the dow jones industrial average. this is how "n.b.r." began 25 years ago tonight. >> the law of gravity hit wall street today and financial markets around the world for that matter as stock prices plunged even more than they did on black tuesday of 1929. when the dust settled the dow jones industrial average had lost more than 508 points on volume of 604 million shares. by the closing bell that day, the dow had lost an incredible
a long-time friend used to work in a hospital-based weight-loss program. she would suggest that people make simple changes in their lives before radically altering their eating habits. she'd ask them to rearrange their furniture at home or sleep on the opposite side of the bed first. it was hard for them. so, is there some salt on your table that needs to be removed? an old habit set aside? it won't be easy. a spanish proverb says, habits are at first cobwebs, then cables. i'm lou heckler....
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Oct 2, 2012
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president mahmoud ahmadinejad has accused the west of using sanctions to wage economic war against the country. u.s. officials say that this reflects the success of the economic sanctions targeted on the the nuclear program. >> a frightening crisis for the people of iran, a collapsing currency. with money losing value all the time, food prices have soared. some shops have stopped trading. many worry about jobs, savings, and why the government cannot stop it. >> the prices of food, cheese, butter, milk and even fruit have witnessed an increase of 10% in the last two weeks. people are complaining about that. they are publicly complaining about this situation and they blame the situation on a ahmadinejad. >> today, he put the blame on western sanctions. >> it is very clear, iran is being pressurized. there are sanctions from the enemy telling other nations not to buy iranian oil. this is a secret war. the enemy thinks that with these sanctions, they can defeat iran. they cannot. it is a psychological war. "you can see how much trouble the currency is in. in a week, it has lost 1/3 of thei
president mahmoud ahmadinejad has accused the west of using sanctions to wage economic war against the country. u.s. officials say that this reflects the success of the economic sanctions targeted on the the nuclear program. >> a frightening crisis for the people of iran, a collapsing currency. with money losing value all the time, food prices have soared. some shops have stopped trading. many worry about jobs, savings, and why the government cannot stop it. >> the prices of food,...
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Oct 8, 2012
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customers can load money onto the card using direct deposit, using their smartphone or by reloading it at a wal-mart. shares of wal-mart rose a fraction, but enough to hit a new all-time high. american express stock added 0.4% to finish at a three week high. this pre-paid debit card deal is the latest financial services strategy for the two companies to attract new customers, and thanks to their sizes, it represents a potential threat to existing pre-paid card providers. two of those came under heavy llesinpr.g sure green dot shares lost a fifth of their value, down 20.2%. green dot has an existing partnership with wal-mart. net-spend shed 7.4%. netflix stock continues being talked up by investment bank analysts. the latest today was morgan stanley's analyst, who thinks the stock rally has legs, upgrading shares to overweight, wall-street speak for buy. last week, citi's analyst repeated its buy recommendation. shares jumped 10.5% as volume more than doubled. this is net-flix's highest price since the company issued an earnings warning in late july. after the close tonight, medical dev
customers can load money onto the card using direct deposit, using their smartphone or by reloading it at a wal-mart. shares of wal-mart rose a fraction, but enough to hit a new all-time high. american express stock added 0.4% to finish at a three week high. this pre-paid debit card deal is the latest financial services strategy for the two companies to attract new customers, and thanks to their sizes, it represents a potential threat to existing pre-paid card providers. two of those came under...
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Oct 22, 2012
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you talk about north of 700 million worldwide, use yahoo! every month so yes, if you are building good products people will use it. >> so traded newspaper after-hours trading, would you buy yahoo! at $16? >> you know, we are still a buyer on it. we think there is a fair amount of value left to be unlocked in this company. we have a $19 price target, about 15% upside. so it's not for everyone. it's going to be a bumpy road but again the expectations are set so low this is step one in the turn around. >> quick questions about apple. a lot of expectations about apple's announcement tomorrow. people are expecting a minii pad. how important is this product launch for app snell. >> it is actually quite important because the ipad is the second most seg revenue stream to apple after the iphone. and competitors have gotten some traction by selling a 7 inch tablet. apple wants to nip that in the bud. i think will you see them come out with a nice light ipad awh roo edunmo w.annoced morrow. >> rea qckly, investrs are buying up the stock. it's now at $6
you talk about north of 700 million worldwide, use yahoo! every month so yes, if you are building good products people will use it. >> so traded newspaper after-hours trading, would you buy yahoo! at $16? >> you know, we are still a buyer on it. we think there is a fair amount of value left to be unlocked in this company. we have a $19 price target, about 15% upside. so it's not for everyone. it's going to be a bumpy road but again the expectations are set so low this is step one in...
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Oct 23, 2012
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the west used to be not so much. there was a point in this campaign were the obama people were putting people in arizona and testing whether they could put arizona in play. they decided in the end that they could not or it was not worth the investment. there are people who argue, which is not wacky to say, that at some point texas will become a democratic state. >> with regard to nevada and colorado, what is happening that is putting them in play? >> is all demographic. a big part of it is the latino vote. states are going to be more and more democratic. it is a slow move. it has gone from republican to in play. they are heading democratic. tavis: does romney have a shot at getting a significant portion of the latino vote? >> bush 43 got 45% in the exit polls. i think mccain got 35%. i think that is probably romney's ceiling. ideally, he needs to get more. how much does romney cut into obama's support? , to do latino voters think about immigration being a key issue -- how much do latino voters think about immigration
the west used to be not so much. there was a point in this campaign were the obama people were putting people in arizona and testing whether they could put arizona in play. they decided in the end that they could not or it was not worth the investment. there are people who argue, which is not wacky to say, that at some point texas will become a democratic state. >> with regard to nevada and colorado, what is happening that is putting them in play? >> is all demographic. a big part...
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Oct 14, 2012
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join us at pbs.org. as we leave you, more scenes from the vatican, where pope benedict xvi marked the 50th anniversary of vatican ii. ♪
join us at pbs.org. as we leave you, more scenes from the vatican, where pope benedict xvi marked the 50th anniversary of vatican ii. ♪
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Oct 10, 2012
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joining us now, james awad, investment strategist at zephyr management. so, jim, is this the beginning of a correction? >> well, i think what you see is what you get. and what i mean by that is the time to be measured, the negatives that we are slowing worldwide, there's a chance of an accident in europe. the middle east is a mess, the earnings season is probably not going to be great. and the emerging markets are slowing also. on the other hand, corporations in the united states are in terrific shape, the united states continues to grow. the election is tightening up, which means anybody who is elected is likely to govern from the center, and attack the fiscal cliff. and so you have to say in a low return environment, shares of multinational companies with growing earnings and dividends are probably not a bad place to be. but you want to buy when the markets are down, not when they're up, and you want to sell low quality, buy high quality, and buy them on corrections, not after big moves. i would not be surprised if you have a little bit more of a correc
joining us now, james awad, investment strategist at zephyr management. so, jim, is this the beginning of a correction? >> well, i think what you see is what you get. and what i mean by that is the time to be measured, the negatives that we are slowing worldwide, there's a chance of an accident in europe. the middle east is a mess, the earnings season is probably not going to be great. and the emerging markets are slowing also. on the other hand, corporations in the united states are in...
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Oct 15, 2012
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the boat had already capsized and was going to crush us. we were scared and we want someone to be held responsible. >> some say that the capt. can't be blamed for all that happened. the captain's lawyers seem to suggest he is ready to face the consequences of what happened. >> there is no intention on behalf of the captain for blame on anyone. it is simply a case of getting him clear out in the best way possible. >> she still lives where she sank, and know about of courtroom arguments will ease the pain of those that lost friends and relatives aboard her on january. >> those extraordinary images, that chip is the laying off the coast of italy. today, the u.s. first lady car after absentee ballots and then to read about it to her husband. it comes ahead of the second presidential debate. among millions of american voters will be coming in before broadcasting his valid. after being unable to vote for three decades. as a convicted felon, he was automatically removed. he talks about his experience and how he is trying to help others. >> we want
the boat had already capsized and was going to crush us. we were scared and we want someone to be held responsible. >> some say that the capt. can't be blamed for all that happened. the captain's lawyers seem to suggest he is ready to face the consequences of what happened. >> there is no intention on behalf of the captain for blame on anyone. it is simply a case of getting him clear out in the best way possible. >> she still lives where she sank, and know about of courtroom...
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Oct 16, 2012
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his eleion issue of new york magazine is on newsstands and he joins us tonight from new york. thank you for coming back. >> i am happy to be here. tavis: glad to have you. let me start with the obvious. tomorrow is a big night for the president. i suspect the format of this town hall set up that is very different from mano a mano might play differently to both of these guys but it doesn't put him in the position of having to be the enforcer tomorrow night. what do you make of that statement? >> the stakes are very high. people joke about these debates allot, but the president was widely received as a huge failure in denver two weeks ago. several million people watched that speech, more people than watched the debate in 2008 or more people that have ever seen the state of the union and he pretty much had a big belly flop. a lot of people around the country saw that debate and it has become an urban legend. like an alligator can out of the sioux were at 8 barack obama. i think the audience tomorrow night is going to be huge and people want to know, can he come back? what is his
his eleion issue of new york magazine is on newsstands and he joins us tonight from new york. thank you for coming back. >> i am happy to be here. tavis: glad to have you. let me start with the obvious. tomorrow is a big night for the president. i suspect the format of this town hall set up that is very different from mano a mano might play differently to both of these guys but it doesn't put him in the position of having to be the enforcer tomorrow night. what do you make of that...
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Oct 31, 2012
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>> it is slowing us down. our team members are affected by the same transportation limit anticipations as everyone else in the region, and our fedex delivery stations are located in the neighborhood in which they deliver, so they have a good sense of what's available to deliver to. fedex also offers a service whereby you can actually ask for your package to be held at a fedex location for you to pick it up. so if you know you won't be home or your neighborhood is inaccessible. you can ask them to hold it. we're making the packages available for customers. >> susie: what impact does it have on volume, especially this time of year with people holiday shopping? >> obviously, when the area was closed down, it had an impact on the overall volume. our goal is to make sure it doesn't impact the rest, and we've isolated the problem there, but it has had an impact on our package volume in that region. i'm happy to say we restored service today, and we're picking up packages and have more than our scheduled activity reg
>> it is slowing us down. our team members are affected by the same transportation limit anticipations as everyone else in the region, and our fedex delivery stations are located in the neighborhood in which they deliver, so they have a good sense of what's available to deliver to. fedex also offers a service whereby you can actually ask for your package to be held at a fedex location for you to pick it up. so if you know you won't be home or your neighborhood is inaccessible. you can ask...
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Oct 30, 2012
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the biggest challenge for us right now remains new york. the three largest airports in new york are closed and will be closed for some of tomorrow and perhaps all of tomorrow. and that's a challenge because roughly one third of the u.s. air travel goes through the new york airport. so getting those back up and running will be the biggest challenge. others are already up and running. so airports in philadelphia and washington are beginning to take service again which is great news. >> warner: why is it prove... i know we're only a day into this, but difficult to reopen new york airports. are these just under water or is there damage? >> well, evaluating damage butf so, for example, laguardia has some water on the runways. that needs to be pumped off. the systems need to be inspected both the lighting and landing equipment and the navigation inspected.eeds to be j.f.k. will likely open around noon tomorrow. some aircraft will be coming in there and hopefully starting full service again on thursday. newark right now is without commercial power
the biggest challenge for us right now remains new york. the three largest airports in new york are closed and will be closed for some of tomorrow and perhaps all of tomorrow. and that's a challenge because roughly one third of the u.s. air travel goes through the new york airport. so getting those back up and running will be the biggest challenge. others are already up and running. so airports in philadelphia and washington are beginning to take service again which is great news. >>...
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Oct 25, 2012
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>> i do not. >> john san marco along with us. he is an analyst with janney montgomerie scott. >> susie: from aetna to honeywell and goldman sachs, more than 80 chief executives from some of the nation's biggest companies are calling on lawmakers to cut the federal deficit. they're working with a non- partisan group called "fix the debt," which rang the opening bell here at the nyse today. the group's mantra-- "inaction is not an option." the c.e.o.s want congress to get a plan in place to deal with the debt as soon as the election's over, or risk a further loss in business confidence. fix the debt is chaired by former senator alan simpson and erskine bowles, the same men the president tapped to lead the national commission on fiscal responsibility. it's a very important issue for their businesses. >> tom: many months ago they were reprimanded for to the being more vocal about the fiscal situation in the united states. and here at the are on the eve of the presidential election getting their voices heard, certainly. let's get goin
>> i do not. >> john san marco along with us. he is an analyst with janney montgomerie scott. >> susie: from aetna to honeywell and goldman sachs, more than 80 chief executives from some of the nation's biggest companies are calling on lawmakers to cut the federal deficit. they're working with a non- partisan group called "fix the debt," which rang the opening bell here at the nyse today. the group's mantra-- "inaction is not an option." the c.e.o.s want...
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Oct 13, 2012
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gwen: don't scare us like that. i wonder whether -- where whether we are right before the conventions. and we're going to stay there? >> in fact, the obama campaign said that this week. when you were saying it lost a week, in fact, they were sort of suggesting that in the national polls it had tightened to the point where it was before the convention. if you think about that, and lost a month. more than a month. so they were acknowledging that. at least. i thought that was very interesting that they were trying to say that their argument is that mitt romney does not have enough time to make up the gap in the battleground states that jeff is talking about. and that is -- it sounds like a hail mary wish on their part. >> four out of five days in ohio he's not done that much campaigning for a long time. this is governor romney. he's waking up there on saturday. and he is -- really fighting for this. so i think there may be enough time. even though people are voting as we speak, the crowds and other things, the enthusia
gwen: don't scare us like that. i wonder whether -- where whether we are right before the conventions. and we're going to stay there? >> in fact, the obama campaign said that this week. when you were saying it lost a week, in fact, they were sort of suggesting that in the national polls it had tightened to the point where it was before the convention. if you think about that, and lost a month. more than a month. so they were acknowledging that. at least. i thought that was very...
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Oct 26, 2012
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he wanted us to believe that he was a conjurer, because then it would never occur to us that he was in fact a ventriloquist. >> and that's what he did when you heard him talking to mrs. clapperton through her cabin door. >> precisement. and by then, she was already dead. >> excuse me. >> what about the necklace on the floor? was it miss henderson's? >> no, it was put there to make us think that some native thief was the killer. but that it cast suspicion on someone who really cared for him was the cruel irony. pardon. ♪ >> i am sorry, mademoiselle. >> he didn't do it for me. it was those girls' youth. it made him feel his slavery. he wanted to be free before it was too late. >> we all have such dreams. >> when did you guess it was him? >> his self control was too perfect. no matter how galling was the conduct of his wife, it never seemed to touch him. that either meant that he was so used to it that he's no longer stunned, or else, he knew his bondage would soon be over. >> it was a cruel dirty trick you played, monsieur poirot. >> i do not approve of murder-- --mademoiselle. [captio
he wanted us to believe that he was a conjurer, because then it would never occur to us that he was in fact a ventriloquist. >> and that's what he did when you heard him talking to mrs. clapperton through her cabin door. >> precisement. and by then, she was already dead. >> excuse me. >> what about the necklace on the floor? was it miss henderson's? >> no, it was put there to make us think that some native thief was the killer. but that it cast suspicion on someone...
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Oct 19, 2012
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colonel gaddafi possible leadership compound is being used as a rubbish dump. parliament is struggling to form a central government. there are dozens of collisions with their own agendas. >> i don't believe the situation will deteriorate dramatically. if it did, libya could go back to tribal rule. that would solve its problems easily. >> if the democrats cannot started governing soon, the divisions in this country might overwhelm them. time is not elastic. >> afghan police say that at least 18 people, mostly women and children have died in explosions in the north of the country. a roadside bomb cut through a minibus carrying a wedding party. another deadly explosion, this time in yemen. 40 soldiers at a military base. it was thought that a car bomb was set off by al qaeda militants. the chinese navy is conducting exercises near disputed islands. ships and military aircraft have been sent to japan. tensions between the nations have risen since the japanese government bought some of the islands from a private landowner last month. the former prime minister, silvi
colonel gaddafi possible leadership compound is being used as a rubbish dump. parliament is struggling to form a central government. there are dozens of collisions with their own agendas. >> i don't believe the situation will deteriorate dramatically. if it did, libya could go back to tribal rule. that would solve its problems easily. >> if the democrats cannot started governing soon, the divisions in this country might overwhelm them. time is not elastic. >> afghan police say...
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Oct 28, 2012
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it used to be a lonely perch that we sat on. former special inspector generals, a couple of academics. but now you have people like sandy weill, the architect of citigroup. and sure, too little too late, after he made all of his money off creating these frankenstein monsters. but even he now recognizes that we have to break up the banks. you have senior officials at the federal reserve recently coming out in favor of this, the vice chair of the fdic, a very strong advocate for breaking up the banks. and you hear it a lot more in members of congress that are supporting this notion. so to me, on the one hand, it's absolutely essential. if we really want to get to the point where we don't have to bailout a bank, we have to make it so that no bank is so systemically significant and large that its failure could bring down the system. >> are they up to their old tricks? >> the banks? sure. i mean, you know, so we had this regulatory reform of dodd-frank in 2010, which, you know, left them intact and inside. but it had all of these rul
it used to be a lonely perch that we sat on. former special inspector generals, a couple of academics. but now you have people like sandy weill, the architect of citigroup. and sure, too little too late, after he made all of his money off creating these frankenstein monsters. but even he now recognizes that we have to break up the banks. you have senior officials at the federal reserve recently coming out in favor of this, the vice chair of the fdic, a very strong advocate for breaking up the...
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Oct 20, 2012
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. >> trying to mislead us. that's wrong. but then all abortions? only if you vote for him. >> you know, those ads say mitt romney would ban all abortions and contraceptions seemed a bit extreme. so i looked into it. turns out romney doesn't oppose contraception at all. gwen: it's not an accident that they're duking it out over this but what i'm curious about is whether it's really about abortion this argument, or whether it's really about getting women to pay attention and show up. >> both. i think for the -- certainly for the obama voters it's about, hey, there are real things at stake here. this is don't be blase' if you're a woman and you kind of liked president obama but you've grown disillusioned and you might not show up. you have to show up because the issues you care about are at play. gwen: obama has lost ground with women voters, right? >> he has. we don't know. some polls suggest he's lost quite a lot of ground. he won -- he beat john mccain among women by 13 points. he needs to do that well or better. he's not doing that well even if yo
. >> trying to mislead us. that's wrong. but then all abortions? only if you vote for him. >> you know, those ads say mitt romney would ban all abortions and contraceptions seemed a bit extreme. so i looked into it. turns out romney doesn't oppose contraception at all. gwen: it's not an accident that they're duking it out over this but what i'm curious about is whether it's really about abortion this argument, or whether it's really about getting women to pay attention and show up....
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Oct 30, 2012
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if those are not used, are they useful? >> oh, yes they are. you don't know what the nature of the disruption will be. and there's electronic outage, suddenly, you need to have those backup systems, as you did on 9/11. you had the backup systems created because of the y2k problem. >> tom: why couldn't we use those this time around? >> i don't think there's been enough systems established to deal with the high frequency trading environment. we're in an entirely different situation now in the last five years. even the locations. one of the very interesting parts of that is very mysterious about how could you have work if you had disruptions. >> tom: colocation is when a broker or trader puts their computer next to the exchange computer sometimes at the exchange. >> and finally, david, are you confident that the exchanges are ready to go tomorrow? >> i think they will be. if they say they are. this is a market situation. the exchanges know what's going on. they say they're ready. i'm confident they will be there. >> tom: you've been in that seat b
if those are not used, are they useful? >> oh, yes they are. you don't know what the nature of the disruption will be. and there's electronic outage, suddenly, you need to have those backup systems, as you did on 9/11. you had the backup systems created because of the y2k problem. >> tom: why couldn't we use those this time around? >> i don't think there's been enough systems established to deal with the high frequency trading environment. we're in an entirely different...
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Oct 9, 2012
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we're happy to have with us now alcoa c.e.o. klaus kleinfeld. >> welcome back to nightly business report. baseed on how alcoa did in the third quarter, how do you think business will be for you for the rest of this year and going into 2013? >> well, it's a miktsed word out there. there's a lot of volatility. we see in the end markets that we confirm, the aluminum market is going to be about growth six percent. we took is down a notch from seven percent. as you just said, this is a decade where aluminum demand has doubled. there's high growth also here in the u.s. and we've seen that in the aerospace industry, very, very nice. we're seeing it in the u.s. automotive segment, very nice, and then there are on the other side -- i mean, coming down. we've seen the heavy truck segment coming down substantially, pretty much in the u.s., and building and constructions on the commercial building and construction side, there's still very little signs of life there. >> susie: you know wha, are your calculus telling you? we hear how business
we're happy to have with us now alcoa c.e.o. klaus kleinfeld. >> welcome back to nightly business report. baseed on how alcoa did in the third quarter, how do you think business will be for you for the rest of this year and going into 2013? >> well, it's a miktsed word out there. there's a lot of volatility. we see in the end markets that we confirm, the aluminum market is going to be about growth six percent. we took is down a notch from seven percent. as you just said, this is a...
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Oct 25, 2012
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that it's the china that is used to american presidential politics, is used to being bashed on the presidential trail and, you know, it will go through it and it will just sit there and it will be another president who's coming in, we'll take time and come back. i think china has fundamentally changed. i think china now sees its much more as a -- has read some of this stuff about being a g-2 world and sees america somewhat closer to it and is less in the mood to take ultimatums. >> rose: we continue with appreciation of christopher hitchens with his widow carol blue and his editor and friend gray don carter. >> a number of young people, people in their 20s, mid-20s who really attached themselves to christopher, he hit something in them that hunter thompson had done in a generation before. he was very much a standard bearer for a younger generation of, you know, sort of armchair fire brands and he was the real thing and i think they admired him for it and sort of worshipped him. >> i think he was very, very stoic and he never really complained. he must have been in excruciating pain after the pr
that it's the china that is used to american presidential politics, is used to being bashed on the presidential trail and, you know, it will go through it and it will just sit there and it will be another president who's coming in, we'll take time and come back. i think china has fundamentally changed. i think china now sees its much more as a -- has read some of this stuff about being a g-2 world and sees america somewhat closer to it and is less in the mood to take ultimatums. >> rose:...
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Oct 31, 2012
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back in a moment stay with us. force divorce. >> rose: hate silver is here, he is a statistician, a writer and founder of "the new york times" political blog fivethirtyeight.com, at 25 he developed a revolution system for predicting the performance of professional baseball players and has since turned his eye to predicting political elections in 2008 he accurately forecast 49 out of 50 states in the presidential election and all 35 senate races. he writes about the art and science of prediction and the signal and the noise, by so many predictions, why so many predictions fail and some don't i am pleased to have nate silver back at this table, welcome. >> thank you, charlie. >> so where do you based on your polling, see the presidential race at this moment? >> we have obama as a modest favorite still and i should say it is not my polling what we go is look at everyone easels poll and average them together and think about the electorial college if you look at ohio still, obama is ahead in most polls of ohio he is ahe
back in a moment stay with us. force divorce. >> rose: hate silver is here, he is a statistician, a writer and founder of "the new york times" political blog fivethirtyeight.com, at 25 he developed a revolution system for predicting the performance of professional baseball players and has since turned his eye to predicting political elections in 2008 he accurately forecast 49 out of 50 states in the presidential election and all 35 senate races. he writes about the art and...
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Oct 6, 2012
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i do think, to the great plea to all of us, then this will be a down to the wire race. it will be very close. >> you get the last word. thank you. see you next week. >> for a transcript of this broadcast, log onto insidewashington.tv.
i do think, to the great plea to all of us, then this will be a down to the wire race. it will be very close. >> you get the last word. thank you. see you next week. >> for a transcript of this broadcast, log onto insidewashington.tv.
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Oct 30, 2012
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we are grateful jonathan martin joins us this evening. good he is the senior reporter for public ago. thank you for being here. fellowalk about the citizens impacted by this dangerous storm, your sense on how the campaigns navigate these storms. good >> it is a slow rolling reaction, starting yesterday. both campaigns have been canceling more of events, and both will be dark until at least tomorrow. i have talked with historians, trying to figure out when the campaign for president of the united states -- will effectively shut down while folks are voting and a week before: open nationally. it is a remarkable turn of events, and i do not think anyone knows what the outcome will be. tavis: i am a sports guy, so in any particular game, if there is something that causes a stoppage in the play, some rained out games, it always depends whether they were making a comeback. it does have an impact if they have to stop for the weather. might this be the situation politically, that one side will be harmed if they have this stoppage? >> i think that
we are grateful jonathan martin joins us this evening. good he is the senior reporter for public ago. thank you for being here. fellowalk about the citizens impacted by this dangerous storm, your sense on how the campaigns navigate these storms. good >> it is a slow rolling reaction, starting yesterday. both campaigns have been canceling more of events, and both will be dark until at least tomorrow. i have talked with historians, trying to figure out when the campaign for president of the...
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also follow us on our facebook page-- bizrpt. ad on twitter @bizrpt.
also follow us on our facebook page-- bizrpt. ad on twitter @bizrpt.
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Oct 26, 2012
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give us what you think is possible. >> okay. as you know, just to put it in context, we are at a place where in -- in order to raise the debt ceiling the republican agreed to -- well, everybody agreed to but the republicans all voted for, including the leadership a plan where we would have a super committee which would reduce the deficit by x amount of dollars and if not, we would go to a place where there would be a firewall between five and a half billion -- $500 billion, defense, domestic, just to put it in -- >> rose: right. >> not the best way to go about it, we should have been able to do it in the super committee but in order to do that, you have to have revenue. now, all of these people, the ceos -- >> rose: all say you need revenue -- >> all missing in action. no they are wonderful on that score but all missing in action when this step was being amassed. >> rose: in other words they needed to lean on people to say we can't do this without more revenue? >> right. and some of them did, and peterson he is wonderful, like a
give us what you think is possible. >> okay. as you know, just to put it in context, we are at a place where in -- in order to raise the debt ceiling the republican agreed to -- well, everybody agreed to but the republicans all voted for, including the leadership a plan where we would have a super committee which would reduce the deficit by x amount of dollars and if not, we would go to a place where there would be a firewall between five and a half billion -- $500 billion, defense,...
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Oct 16, 2012
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he joins us from san francisco. gary, are these kind of self-employment gains sustainable, do you think? >> we do think, tom. we're seeing a pretty significant growth. since 2009, we have seen the hours worked on our platform, about 26 million hours. it is like off-line work, but they're being done online. we think they're sustainable. >> tom: from an employee's perspective, i guess i should say a free lance pe perspective? >> they're telling us they're getting access to jobs they can't find in their local geography. first and foremost, it is finding the work and the freedom and the flexibility to work on the jobs of their choosing at the time they want, and, of course, at the rates of their choosing as well. really it is about freedom and boundless opportunities for these workers to get jobs they won't normally have access to. >> the downside, no possibility of medical benefits, no retirement, 401k, no paid vacation side. that's a real downside, though. >> well, you know, we surveyed these workers and they came bac
he joins us from san francisco. gary, are these kind of self-employment gains sustainable, do you think? >> we do think, tom. we're seeing a pretty significant growth. since 2009, we have seen the hours worked on our platform, about 26 million hours. it is like off-line work, but they're being done online. we think they're sustainable. >> tom: from an employee's perspective, i guess i should say a free lance pe perspective? >> they're telling us they're getting access to jobs...
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Oct 15, 2012
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tablets use around 120 times the traditional amount. but space on the airwaves is limited and right now it's getting more and more crowded. >> rather than thinking of this as us running out of spectrum, the better way to think about this is that the demands for spectrum, the demands for more spectrum, will make it more and more scarce, and unfortunately, if it continues to get more and more scarce, it will put upward pressure on the pricing of wireless services. >> reporter: the federal government has introduced initiatives that would ease congestion in cyberspace. president obama wants to shift a large amount of spectrum from places like the federal government or traditional broadcast outlets, to the private market. but so far, the plan largely hasn't been put to action. >> as long as there's not new spectrum coming onto the market from either incentive auctions or through a process of freeing up spectrum that has traditionally been in the public sector, firms will scramble more and more for each other's spectrum. >> reporter: the deal
tablets use around 120 times the traditional amount. but space on the airwaves is limited and right now it's getting more and more crowded. >> rather than thinking of this as us running out of spectrum, the better way to think about this is that the demands for spectrum, the demands for more spectrum, will make it more and more scarce, and unfortunately, if it continues to get more and more scarce, it will put upward pressure on the pricing of wireless services. >> reporter: the...
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Oct 24, 2012
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i think that it is worth considering a more preventative use and more proactive use of the totality of things that are -- that define us and i think that only the united states really, can really, can really do that today or has the will to do that in the capacity and industry talked to many people in the private sector who really are enthused about becoming more closer with our public policy, to shape the future overseas and benefit our economy as well. >> rose: before i go to david and michael, you have argued before that the united states, help me understand exactly the words you would use, but principally coming out of iraq, lost its credibility with the rest of the world, lost its admiration from the rest of the world? >> yes, i would use the word legitimacy. i thought much of the world thought america's engagement in the world in the traditional word here is leadership was legitimate because it stood in a wider sense for the collective interests and not just our own. i think the fact that we fought a war on the basis of such falsified justification without real good case that it
i think that it is worth considering a more preventative use and more proactive use of the totality of things that are -- that define us and i think that only the united states really, can really, can really do that today or has the will to do that in the capacity and industry talked to many people in the private sector who really are enthused about becoming more closer with our public policy, to shape the future overseas and benefit our economy as well. >> rose: before i go to david and...
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Oct 30, 2012
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many of the municipal buildings cannot be used anymore. that is a problem in terms of emergency services. >> the white house as announced that the president will be visiting new jersey tomorrow. what do you need in the form of assistance? >> almost everything. you know, not only residences and businesses, but the public sector as well. there is a lot of damage to the public infrastructure. we know that with fema, which is the federal emergency management agency, we will get help for a lot of this. but i'm glad the president is coming. you need to see this firsthand. and what i heard the potential damage of the storm and i was evacuated from my house i thought, this is going to be bad. but when you see it in person you cannot believe how catastrophic is. >> we have been looking at those photos, but i can imagine in person it is a very different story. i'm afraid we have to leave it there. thank you. >> thank you. >> millions of lives have been affected by this storm and so has the presidential race. just a week out from election day cannot
many of the municipal buildings cannot be used anymore. that is a problem in terms of emergency services. >> the white house as announced that the president will be visiting new jersey tomorrow. what do you need in the form of assistance? >> almost everything. you know, not only residences and businesses, but the public sector as well. there is a lot of damage to the public infrastructure. we know that with fema, which is the federal emergency management agency, we will get help for...
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Oct 11, 2012
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you can find us on twitter. thank you for watching. >> make sense of international news at bbc.com/news. >> funding for this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was >> "bbc world news" was presented by kcet, los angeles
you can find us on twitter. thank you for watching. >> make sense of international news at bbc.com/news. >> funding for this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored...
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Oct 11, 2012
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using my phone a lot more than my laptop. just because i can do all the stuff on my laptop on my phone. >> reporter: erika miller, nbr, new york >> susie: whether you use a laptop or a smart phone, more and more consumers plan to do their holiday shopping online. the national retail federation says internet sales will be up 15% this year. as diane eastabrook reports, new technology is making it easier to play santa. >> reporter: there are just 74 shopping days left until christmas. >> it needs to go back a little. >> reporter: retailers like macy's are decking the halls, hoping to lure in shoppers. but this year, it may take more than fancy window dressing. growth in online sales is expected to far outpace overall industry growth this holiday season. experts say part of the reason is internet retailers are getting a lot better at what the they do. >> the sites are easy to navigate, they got the right selection of products, the pricing is sharp, they process the order, they get you the goods. >> reporter: technology is the oth
using my phone a lot more than my laptop. just because i can do all the stuff on my laptop on my phone. >> reporter: erika miller, nbr, new york >> susie: whether you use a laptop or a smart phone, more and more consumers plan to do their holiday shopping online. the national retail federation says internet sales will be up 15% this year. as diane eastabrook reports, new technology is making it easier to play santa. >> reporter: there are just 74 shopping days left until...
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. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to major corporations. >> and now, bbc world news. >> and this is bbc world news america reporting from washington the biggest military half of all time -- the biggest military hack of all time. claiming the war crimes -- ready for round the two? the u.s. presidential candidates heading to their second presidential debate and the stakes are high. welcome around the globe. the man accused of carrying out the biggest hack ever -- but today the british government ruled it will not extradite him to america. a battle waged on behalf of mr. mckinnon who's been diagnosed with as burgers a syndrome. >> he could not speak. >> her and her mother revealed how her son reacted. >> hiking and trying. it is so emotional. >> the joy and relief of a parent who has been fighting the u.s. government for one decade. >> [inaudible] >> he does
. >> at union bank, our relationship managers use their expertise in global finance to guide you through the business strategies and opportunities of international commerce. we put our extended global network to work for a wide range of companies, from small businesses to major corporations. >> and now, bbc world news. >> and this is bbc world news america reporting from washington the biggest military half of all time -- the biggest military hack of all time. claiming the war...
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Oct 29, 2012
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words like flicky were used. it's very important to me, it's important to the staff of the children in need. it's a wonderful charity. >> so there were doubts. new research suggests there has been a decline. the polling firm asked two questions. do you trust the bbc? and are you proud of it? and he compared it with figures compared back in 2009 and in both the figures have gone down. in terms of pride, 76% in 2009, 62% now. and do you trust the bbc? again, it's gone down. 62% to 45%, less than half of it. and it's restoring trust in inquiry which was beginning its work. >> i've been a -- >> to police the bbc, many new something. together they might have seen there was a pattern. david, bbc news. >> let's take a look at other news from around the world now. syrian state television is reporting that 10 people have died when a car bomb exploded in the suburb of demascus. it's believed children were among the dead. opposition activists say the syrian air force has launched attack on rebels. it's the largest air strik
words like flicky were used. it's very important to me, it's important to the staff of the children in need. it's a wonderful charity. >> so there were doubts. new research suggests there has been a decline. the polling firm asked two questions. do you trust the bbc? and are you proud of it? and he compared it with figures compared back in 2009 and in both the figures have gone down. in terms of pride, 76% in 2009, 62% now. and do you trust the bbc? again, it's gone down. 62% to 45%, less...
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alec young joins us with his thoughts. he's global equity strategist at s&p capital i.q. >> susie: alec, we've had a couple of days of pretty big sell-offs. could it get worse? >> i think in the short term, it could, susie. i think what we're seeing on wall street is investors being a little taken aback at the misses on the top line. given all of the uncertainty that we have with the fiscal cliff and the drag that could pose on revenue growth into 2013, i think there may be room for consensus expectation on revenues to come down a little bit more. if you look at some of the stock market reactions to some of these revenue misses, they've been pretty severe, and i think that's an indication that there's a wide gap between what wall street is expecting and what companies roll delivering. >> susie: but why is this happening now? we all knew that earnings were going to be weak. we know that the global economy is weak, whether you're talking about europe or china. so what's the real issue here? >> well, i think this is the first
alec young joins us with his thoughts. he's global equity strategist at s&p capital i.q. >> susie: alec, we've had a couple of days of pretty big sell-offs. could it get worse? >> i think in the short term, it could, susie. i think what we're seeing on wall street is investors being a little taken aback at the misses on the top line. given all of the uncertainty that we have with the fiscal cliff and the drag that could pose on revenue growth into 2013, i think there may be room...